When you stake your ICNT with GLIF, you'll receive in return stICNT LST, which accrues staking rewards and can be used in DeFi on Base.
stICNT maintains a fixed quantity in your wallet while its exchange rate to ICNT continuously increases.
As staking rewards accrue, the total ICNT in the pool grows without minting additional stICNT tokens.
Your stICNT automatically compounds value over time, as each token represents a growing portion of the expanding stake pool.
There are several different opportunities for staking ICNT tokens. GLIF continuously optimizes ICNT staking across multiple opportunities to maximize returns, so you don't have to.